Compare jurisdictions, side by side.

Mexican residency routes:

• Temporary resident visa - via investment, employment, or qualifying income
• Permanent resident visa - via qualifying assets, retirement income, or after 4 years of temporary residency
• Family unity routes - for spouse and dependents of permanent residents / citizens
• Student visa

Permanent residency unlocks indefinite stay with work authorisation.

Romanian residency routes:

• Employment-based residence (including the Blue Card)
• Digital Nomad Visa - remote workers
• Business / investor routes
• Family reunification
• EU citizen-derivative routes

Panama residency routes:

• Friendly Nations Visa - now requires economic tie (employment, real estate, or investment)
• Qualified Investor Visa - qualifying investment thresholds
• Pensionado / Retiree Visa - qualifying pension income
• Family routes

SA de CV (Sociedad Anónima) and S de RL de CV are the standard private entity types. Formation involves a notary, RFC (tax registration), and IMSS where staff are involved. Mexican tax residency is triggered by primary home and centre of economic interests.

SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.

Panamanian corporations (SA) and Private Interest Foundations are widely used. Beneficial ownership reporting, CRS / FATCA compliance, and substance discussions have become material; planning must reflect current standards.

Resident personal banking is broadly accessible; corporate banking depends on activity and structure. Source of funds and ownership clarity are central. Bordercase coordinates introductions for cross-border cases.

Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.

Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners.

Family reunification is supported on most residency routes. International schools (English, German, French, Japanese) are widely available in major cities; bilingual public and private schools are common.

Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.

Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City.

Risks Bordercase watches for in Mexico:

• Centre-of-economic-interests test for tax residency
• Real-estate restrictions in the "restricted zone" (50 km from coast, 100 km from borders) - fideicomiso or Mexican company structure needed
• Income thresholds for temporary / permanent routes change with minimum wage indexation
• Late-stage RFC and CURP registrations

Risks Bordercase watches for in Romania:

• Tax residency triggers
• Microcompany regime eligibility
• Processing variations between counties
• Schengen entry / exit rules now apply

Risks Bordercase watches for in Panama:

• Reputational / de-banking risks for poorly structured offshore-only setups
• Tax residency analysis for clients with other obligations (CRS / FATCA)
• Processing delays at Migration
• UBO reporting is now active

Typical Mexican documents:

• Passport
• Apostilled foreign documents (birth, marriage, criminal record)
• Proof of income or qualifying assets
• Photographs to specification
• Mexican consular application abroad for most routes

Typical Romanian residency documents:

• Passport
• Criminal record certificate
• Proof of address
• Basis for residence
• Health insurance
• Family certificates

Apostilled and translated to Romanian.

Typical Panama documents:

• Passport
• Criminal record certificate (apostilled)
• Proof of economic tie (employment letter, property deed, or investment evidence)
• Proof of address
• Marriage / birth certificates for family

All documents apostilled and translated where required.